Barratt Redrow (OTCMKTS:BTDPY) Sees Unusually-High Trading Volume - What's Next?

Key Points

• Barratt Redrow plc experienced a significant increase in trading volume, with approximately 80,287 shares traded, representing a 227% rise from the previous session.
• Kepler Capital Markets has upgraded Barratt Redrow to a "strong-buy" rating, indicating increased confidence in the stock's future performance.
• The stock last traded at $9.98, and its fifty-day moving average is $11.82, suggesting potential room for price recovery.

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 80,287 shares were traded during mid-day trading, an increase of 227% from the previous session's volume of 24,555 shares.The stock last traded at $9.98 and had previously closed at $9.91.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised Barratt Redrow to a "strong-buy" rating in a report on Wednesday, July 23rd.

Barratt Redrow Trading Up 0.1%

The stock's fifty day moving average price is $11.82 and its two-hundred day moving average price is $11.52.

Barratt Redrow Company Profile

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.

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